Category Archives: Crypto Daily

Bitcoin Cash Football: Multiplayer World Cup App Powered By BCH

This week as the world watches the 2018 FIFA World Cup, a new online game called Bitcoin Cash Football has been launched where users can play as managers or players within a season of matches. Players earn fractions of bitcoin cash (BCH) by playing the game, but Bitcoin Cash Football is also having a World Cup tournament where teams can play for jackpots of BCH.     Also Read: “I Am the Real Satoshi” Claims Hawaiian Man After Filing Bitcoin Cash Trademark The Bitcoin Cash Football App Allows Players […]

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US Federal Reserve Launches Cryptocurrency Index

This week the Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. It’s a seemingly small gesture, but one that signals to most observers crypto’s maturation, at least in the eyes of arguably the most important central banking institution in the world.   Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against Defamation Federal Reserve Bank of St. Louis Adds Four Cryptos to its FRED Database “FRED has added four series on the prices of different cryptocurrencies,” the […]

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Mt. Gox Creditors’ Legal Victory: “Enormous Assets” to be Returned

The Mt. Gox Creditor (mtgoxcreditor) posted Commencement of Civil Rehabilitation Proceedings of Mt. Gox today, indicating a victory for creditors long wondering if an attempt would be made at making them financially whole. The Tokyo District Court ordered commencement of civil rehabilitation proceedings, and as such “enormous assets, which were to be distributed to Mt. Gox’s shareholders under the bankruptcy proceedings, will be returned to creditors.” Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against Defamation Gox Creditors Score Victory in Hunt for Recovering Massive […]

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Taiwan’s Financial Regulator to Conduct Limited Oversight of Cryptocurrencies

The Financial Supervisory Commission of Taiwan has indicated its intentions to maintain only a limited oversight of cryptocurrencies. The regulator said it’s going to focus mainly on the enforcement of anti-money laundering policies, while remaining open towards innovations like those coming from the crypto sector. Also read: Bitcoin Businesses Denied Banking Services in Ireland Not Stifling Innovation With the executive power in Taipei still mulling over new regulations for cryptocurrencies and initial coin offerings (ICOs), representatives of Taiwan’s financial regulator indicated their unwillingness to slow down progress […]

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Japan Penalizes Crypto Exchanges – Yakuza Involvement Confirmed

The Japanese regulator has issued business improvement orders to six of the country’s 16 fully-licensed crypto exchanges including Bitflyer, Quoine, and Tech Bureau. The agency confirmed to news.Bitcoin.com that at least one of the six exchanges has some form of involvement with the Yakuza. Responding to the improvement order, Bitflyer has halted new account registrations. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Punishing 6 Regulated Exchanges Japan’s top financial regulator, the Financial Services Agency (FSA), issued six new business improvement orders on Friday, June 22. […]

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Only a Third of the Richest Informed on Bitcoin

Despite seeing their investment return above 20% in 2017 for two consecutive years, the richest people in the world say they are not fully satisfied with their asset managers and want to learn more about crypto. Also read: At Least $20 Billion in Crypto Investment Awaits Custody Streamlining, Approval Only a Third of the Richest Were Informed on Crypto The collective wealth of the world’s millionaires went up to US$70 trillion for the first time, and they will have amassed US$100 trillion by 2025, a survey released earlier […]

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Bitcoin in Brief: Plagiary, Numerology, and Nano Does a No-No

From the serious to the ridiculous, today’s edition of Bitcoin in Brief has got it all, and by “all” read “a varied selection of crypto-related topics numbering no less than four and no more than six.” That doesn’t sound nearly as alluring though, does it? All it is then. Take a deep breath and let’s dive right in. Also read: Craig Wright Referenced as Satoshi in Chinese University Textbook Oh No Nano! Yesterday was a big day for free transactions altcoin Nano: its Android wallet was released. […]

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Korean Government Launches Investigation into Crypto Hacks

Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that it has formally launched an investigation into the cause of the alleged security breaches at two crypto exchanges, Bithumb and Coinrail. At the time of this writing, Bithumb is the country’s second-largest crypto […]

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At Least $20 Billion in Crypto Investment Awaits Custody Streamlining, Approval

Rumor has it vaunted, long awaited institutional money, big investment in crypto is coming. One of the many holdups involves custody regulation, as both large funds and those ecosystem companies best poised look for a smooth way to guard cryptocurrency holdings securely, alleviating whales’ greatest fears: theft and loss. Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against Defamation Investment Whales Want Custody Assurance “There are a lot of investors where custodianship was the final barrier. Over the next year, the market will come to […]

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License Needed for Crypto Trading, Circulation, and Settlement in Cambodia

Three Cambodian government bodies have jointly announced that the propagation, circulation, buying, selling, trading, and settlement of cryptocurrencies without obtaining a license are illegal activities. The agencies have also outlined four main risks associated with crypto trading or investing. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space License Needed The National Bank of Cambodia (NBC), the Commission of Cambodia, and the General-Commissariat of National Police jointly made a statement regarding the legality of crypto activities in the country. It was signed on May 11 but published on […]

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